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Author Topic: What is the maximum time for bitcoin to reach  (Read 937 times)
worldinacoin
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September 19, 2011, 02:57:14 AM
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I send some bitcoin to myself.  The bitcoin client is on my current computer.  I used blockexplorer it was suppose to be transacted but I still receive zero transactions on the bitcoin client.  What is the max time for the client to be able to receive the bitcoin?
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Yankee (BitInstant)
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Charlie 'Van Bitcoin' Shrem


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September 19, 2011, 03:03:29 AM
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I send some bitcoin to myself.  The bitcoin client is on my current computer.  I used blockexplorer it was suppose to be transacted but I still receive zero transactions on the bitcoin client.  What is the max time for the client to be able to receive the bitcoin?

What was the block count at when you sent your bitcoins?

Usually its 5-6 confirmations later. Depending on difficulty it could be a few minutes or a few hours.

Cheers

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
worldinacoin
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September 19, 2011, 03:12:11 AM
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Thanks, my block count seems to be quite far away from current, still a lot to download, a long time to wait I guess Smiley .
DeathAndTaxes
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Gerald Davis


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September 19, 2011, 03:15:06 AM
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Usually its 5-6 confirmations later. Depending on difficulty it could be a few minutes or a few hours.

The time for a confirmation should always be ~10 minutes irregardless of difficulty.  That is the entire reason for variable difficulty.
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Charlie 'Van Bitcoin' Shrem


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September 19, 2011, 03:23:43 AM
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Usually its 5-6 confirmations later. Depending on difficulty it could be a few minutes or a few hours.

The time for a confirmation should always be ~10 minutes irregardless of difficulty.  That is the entire reason for variable difficulty.

Thanks, was confused about that  Cheesy

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Exonumia
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September 19, 2011, 05:49:51 AM
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Next time you setup a fresh wallet consider grabbing the blockchain directly from:

http://sourceforge.net/projects/bitcoin/files/Bitcoin/blockchain/

That will have the new wallet up and running much faster.

and I will put this here just to keep any disasters from happening:

Quote
WARNING:
Only use these data files IF YOU HAVE AN EMPTY (or no) WALLET. While it "may" be fine to put these in with an existing wallet, and use the -rescan option, the target audience here is new bitcoin installs with an empty wallet.

worldinacoin
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September 19, 2011, 05:57:26 AM
 #7

Which folder to put this in?  Thanks for the great idea.

Next time you setup a fresh wallet consider grabbing the blockchain directly from:

http://sourceforge.net/projects/bitcoin/files/Bitcoin/blockchain/

That will have the new wallet up and running much faster.

and I will put this here just to keep any disasters from happening:

Quote
WARNING:
Only use these data files IF YOU HAVE AN EMPTY (or no) WALLET. While it "may" be fine to put these in with an existing wallet, and use the -rescan option, the target audience here is new bitcoin installs with an empty wallet.

Exonumia
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September 19, 2011, 06:02:34 AM
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Which folder to put this in?  Thanks for the great idea.

Just check the readme.txt at that link here it is for quick reference, but please read it at each download in case any changes have been made:

Quote
Instructions:

- Unzip and copy blk*.dat files into your bitcoin data directory
- Remove any database/log* files from your bitcoin data directory
- Run bitcoin or bitcoind

What this does:
- Resets the bitcoin block database and block database index
  to the state it was in at the time the snapshot was taken.
- If you have a wallet with unprocessed transactions, the client
  may not recognize them. Thus, the above warning: Only use these
  data files IF YOU DO NOT ALREADY HAVE A WALLET.

Check https://en.bitcoin.it/wiki/Securing_your_wallet#Locating_Bitcoin.27s_data_directory for the location.
The easiest way in windows is: Start, Run, "explorer %APPDATA%\Bitcoin"
without the quotes.

worldinacoin
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September 19, 2011, 08:06:13 AM
 #9

Thanks Exonumia, I am a bit thick headed Smiley .  I got my bitcoins.  Lesson is just as long as my bitcoin client has the current number of blocks, the transactions will be nearly immediately or I will have to wait for the client to download or follow what Exonumia mentioned.  A lot of things to learn here, but thanks to the experienced members for being generous with their advice and help.
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